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CandyDrop 👉 https://www.gate.com/announcements/article/47990
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🏆 Rewards (Total: 13,333 TRUST)
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Agricultural technology company Dimitra partners with MANTRA to bring cocoa and carbon credits onto the Blockchain.
According to a report by CoinDesk on June 3rd, blockchain agriculture technology company Dimitra has partnered with Layer 1 blockchain platform MANTRA to bring real-world agricultural assets (such as Brazilian cocoa and Mexican carbon credits) onto the blockchain. Jon Trask, founder and CEO of Dimitra, stated at the Bitcoin 2025 conference that both parties aim to ultimately achieve the tokenization of agricultural assets valued at $1 billion, with two pilot projects already launched in Brazil and Mexico. The pilot in Brazil covers 25 farmers (374 in total) in the “cocoa belt” south of Roraima, and can be scaled up in the future as investors interest. Through the partnership, MANTRA (OM token) holders can invest directly in smallholder farmers and support regenerative agriculture projects, and blockchain technology ensures that the flow of funds can be traced. Trask expects annualized returns to be between 10% and 30%, but stressed that risks such as pests and droughts in agriculture could impact earnings.